Indusind Bank Ambala Ambala Haryana MICR CODE

Find MICR Codes for Indusind Bank Ambala Ambala Haryana

MICR Code
Bank Indusind Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Ambala Cloth Market
Contact 171-9671497722
Bank Details Indusind Bank Ltd Ambala Cloth Market INDB0001803
Location Ambala, Ambala
City Ambala
District Ambala
State Haryana
Pincode
Country IN
Address Indusind bank ltd khasra no 400 2 2patti mehar aggarsain chowk ambala city
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 133234007 for Ambala Cloth Market branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 133234007 of Indus Bank, Ambala Cloth Market branch makes the system almost error free and faster. Use of Indus Bank MICR codes for Ambala Cloth Market branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Indusind Bank Ltd are available with micr code -

>>Ambala Cantt >>Ambala City Haryana >>Ambala Cloth Market

MICR code for Indusind Bank Ambala Cloth Market

Indusind Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Indus Bank MICR code for Ambala Cloth Market is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 133234007 is the MICR code of Indusind Bank for Ambala Cloth Market branch. MICR code for Ambala Cloth Market branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Indus Bank Ambala Cloth Market is presented in the table alongside.

Use of Indus Bank MICR code for Ambala Cloth Market branch in ambala

The MICR code 133234007 is used in RBI cheque clearing process to identify the branch Ambala Cloth Market and Indus Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Indusind Bank is typically in either of these two font’s: E-138 and CMC-7.

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